Like other biased chartists you don't start the chart in 2014! Why?
Monero is forming a strong bottom based on higher lows over a multi year time span. If anything that gives you a perfect risk-reward trade setup.
What happened to buy low - sell high? Seems like some people have married their bags.
That's not much different than the fiat guys, Buffet, Rockefeller, Rothschild... who are defending to death what made them rich and powerful. Instead of becoming agnostic traders based in higher principals.